Public Issue of "NIC ASIA Equity Linked Investment Scheme" Mutual Fund Scheme Opening From Today

Summary

NIC Asia Capital Limited has opened the public issue of its "NIC ASIA Equity Linked Investment Scheme," an open-ended mutual fund, available from 29th Shrawan to 2nd Bhadra, 2082, with possible extension.

Key Points
  • NIC Asia Capital Limited has launched the "NIC ASIA Equity Linked Investment Scheme," an open-ended mutual fund.
  • The issue opens from 29th Shrawan and closes on 2nd Bhadra, 2082, with a possible extension to Bhadra 12 if not fully subscribed.
  • Out of 10 crore units, 15% are allocated to NIC Asia Bank Limited as scheme manager.
  • General public and institutions can apply for 5 crore units worth Rs 50 crore, with a minimum of 100 units per applicant.
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